Mixed-Use

Michigamme, MI Mixed-use Properties for Sale

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Republic, MI Champion, MI Covington, MI Ishpeming, MI L' Anse, MI Skanee, MI Amasa, MI Negaunee, MI
Lakefront Mixed-Use Property
Updated: Sep 14
Lakefront Mixed-Use Property

E 40+/- Acres US 41 Highway, Michigamme, MI 49861

$2,000,000
21,043 sqft 40.00 AC lot
40 acres with approximately 24 buildings
21,043 square feet of building area
Lake frontage and paths connecting the grounds with Lake Michigamme
Main hall includes a state‑approved commercial kitchen, loading dock, offices, restrooms, and lake‑view deck
Cabins include varied layouts, with some offering ramps, porches, decks, bathrooms, or showers
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Michigamme, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Apartment
Mixed-Use Property with Apartment

216 Jackson Street, Negaunee, MI 49866

$175,000
11,836 sqft 0.27 AC lot

Connected commercial areas include an upstairs two-bedroom apartment and rear storage improvements.

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Downtown Ishpeming Mixed-Use Investment
Downtown Ishpeming Mixed-Use Investment

200 East Division Street, Ishpeming, MI 49849

$499,900
9,486 sqft

Commercial/residential building with storefronts and apartments in downtown Ishpeming.

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Turnkey Restaurant & Rental Income
Turnkey Restaurant & Rental Income

305 Iron Street, Negaunee, MI 49866

$750,000
5,356 sqft

Established restaurant and bar with five rental units in Negaunee.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

1120 Country Lane, Ishpeming, MI 49849

$379,900
11,170 sqft 0.80 AC lot

The second floor has office space, with central air and forced-air heating throughout the property.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Parcel
Commercial Land Parcel

E US41/M28 Highway, Negaunee, MI 49866

$294,000
1.00 AC lot

Vacant, flat commercial land with sandy soil and highway frontage between Marquette and Negaunee.

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Michigamme, MI Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Michigamme, MI on our real estate platform. These investment opportunities span a total of 21,043 square feet of properties for sale, with an estimated market value of $2,000,000.

Sale prices for multi use buildings in Michigamme, MI average $2,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 534
Population Growth (5Y) +1.5%
Median Household Income $66,806
College Educated 40.2%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marquette County

New Delisted

Total CRE Inventory on Market (SF)

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